Thanks @W3hunter. Based on the weekly chart you posted I think I misinterpreted your trading style and assumed you'd perhaps been picking tops and bottoms off of that. But instead as I understand it now, you're a shorter term trader trading those breakouts and rallies and posted that weekly chart just to provide your overall view/context of where you think the share price will head and why you're not buying RAC now. Is that correct?
Anyway, no problems with that, it sounds like you have had quite some success with this method, and I wish you luck for the future. I have traded plenty of other stocks but like many here I feel RAC has so much potential and such a great team of people behind it that I'm in it for the long haul, whatever that may be.
I can quantify the risk of holding RAC in financial terms, and I'm comfortable with that risk. I believe the risk of not holding RAC is much greater.
General Comments / Chat, page-3670
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 (20min delay)
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Last
$1.68 |
Change
0.120(7.69%) |
Mkt cap ! $289.6M | |||
| Open | High | Low | Value | Volume |
| $1.57 | $1.72 | $1.57 | $530.8K | 320.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6735 | $1.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.69 | 2313 | 4 |
View Market Depth
| Last trade - 15.38pm 26/08/2024 (20 minute delay) ? |
| RAC (ASX) Chart |